Amid ETF Approval Pump & Dump, BTC Displays Symmetrical Channels
Bitcoin has finally achieved ETF listing. This should be considered a historic turning point. However, the market's response has been lackluster.
What is happening?
Technically, we have descended through eight gray channels and retraced back up four.
Although whether this indicates a key level for trend reversal is not yet clear, the harmonic pattern suggests fulfilling an overall bearish pattern (Total) or bearish Sea Pony described in my previous idea.
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